Open Letter to Shareholders of Bonanza Goldfields Corp (OTC: BONZ)
Bonanza Goldfields Corp. has successfully integrated Marvion, directing efforts to enhance shareholder value. The company is creating unique experiential Hybrid NFTs (h-NFTs) for productions like the movie "Lockdown" and the series "Forensic Psychologist." Beyond film, they plan to expand into music, comics, and games. The initiative aims to broaden blockchain technology access, enhancing awareness and acceptance of h-NFTs in both virtual and real-world markets. Forward-looking statements highlight potential risks in execution and financial sustainability.
- Successful integration of Marvion into BONZ.
- Development of unique experiential Hybrid NFTs for film and media.
- Expansion plans into various entertainment sectors including music and games.
- Commitment to enhance shareholder value through innovative technology.
- Potential risks associated with executing blockchain technology initiatives.
- Uncertainties regarding financial resources and their sustainability.
- BONZ's status as a holding company may limit benefits from NFT offerings.
SINGAPORE, Nov. 4, 2021 /PRNewswire/ --
Dear Marvion Community,
We have successfully completed the injection of Marvion into BONZ after a lot of hard work and long nights.
Now that the injection is complete, we intend to direct all of that manpower capacity towards increasing shareholder value. If you had seen our previous press releases, you would know that we are already in the process of minting some really meaningful and unique experiential Hybrid NFTs (h-NFTs) for 2 productions: a movie "Lockdown" and a drama series "Forensic Psychologist".
However, the scope of our h-NFTs extend beyond just film and drama. We believe that music, comics and games are some examples of real world intangible assets waiting to be properly minted into h-NFTs together with experiences and engagements never offered before, all secured on the blockchain and making inroads into the metaverse.
We believe that the complexity of delivering great user experience, real world legal rights and ownership, combined with the decentralisation of blockchain cannot be overstated. Yet, we are committed to building a platform that achieves this with persistent technological innovation and upgrades.
We hope to expand the audience of blockchain technology users so that the broader public, and not just "crypto natives", will be able to enjoy the benefits of this technology. In the future, we hope to continue to apply blockchain technology to real world applications and intangible assets such as our experiential h-NFTs. We believe that as we increase awareness of our entertainment related h-NFTs, our h-NFT products, services and platform will be more fully accepted, and their applications will in the future extend increasingly beyond the virtual space into the real world. In fact, we anticipate that products like our h-NFTs and platform will significantly affect and transform the way intangible assets will be traded.
We will continue to inform the public of our progress and developments as soon as practicable with our public relations team.
I sincerely thank all of you for your attention. My team and I will continue to strive towards bringing the best and the most unique metaverse blockchain experiences to the Marvion Community.
Best Regards,
Julian So
Director
Bonanza Goldfields Corp.
37/F, Singapore Land Tower
50 Raffles Place, Singapore 048623
Email: info@Marvion.Media
Forward Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "estimate," "expect," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions. These forward-looking statements may include, but are not limited to, statements regarding future business activities including the expansion into the decentralized financing space. These forward-looking statements are not promises or guarantees and involve substantial risks and uncertainties. Among the factors that could cause actual results to differ materially from those described or projected herein include uncertainties associated with operating a business in Singapore and Hong Kong, ability to compete, that financial resources do not last for as long as anticipated, and that BONZ is a holding company that may not realize the expected benefits of NFT's offered by Marvion. A further list and description of these risks, uncertainties and other risks can be found in BONZ's regulatory filings with the U.S. Securities and Exchange Commission, including in its current report on Form 10 filed on October 25, 2021. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. BONZ undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.
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SOURCE Bonanza Goldfields Corp.
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